IDEAS home Printed from https://ideas.repec.org/a/eee/reveco/v101y2025ics1059056025003090.html

Digital rural construction, financial development and regional economic resilience: Mechanism analysis and empirical test

Author

Listed:
  • Sun, Yuran
  • Chen, Canping

Abstract

Digital countryside is the strategic direction of rural revitalization, and it is also a new driving force to promote the resilience of county economy. Based on the panel data of counties from 2013 to 2022, this paper constructs an index of regional economic resilience by using entropy weight method, and establishes an econometric model. From the perspective of financial development, this paper discusses the impact of digital rural construction on regional economic resilience, and further analyzes the regional heterogeneity of the effect. The conclusions are as follows: (1) The construction of digital countryside can significantly improve the resilience of county economy, and the impact is still stable after a series of tests; (2) Digital village construction can improve the resilience of county economy by promoting the level of regional financial development; (3) The impact of the construction of digital countryside on the resilience of county economy is characterized by regional heterogeneity, and has different impacts on the eastern, central and western regions and regions with different administrative levels. Based on this, the paper puts forward policy suggestions in three aspects: strengthening the construction of rural digital infrastructure, deepening the structural reform of the financial supply side, and implementing differentiated policy promotion mechanisms, providing policy inspiration for promoting the resilience of regional economy.

Suggested Citation

  • Sun, Yuran & Chen, Canping, 2025. "Digital rural construction, financial development and regional economic resilience: Mechanism analysis and empirical test," International Review of Economics & Finance, Elsevier, vol. 101(C).
    • Handle: RePEc:eee:reveco:v:101:y:2025:i:c:s1059056025003090
    DOI: 10.1016/j.iref.2025.104146
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1059056025003090
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.iref.2025.104146?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    References listed on IDEAS

    as
    1. Xiaowen Dai & Yi Chen & Chunyan Zhang & Yanqiu He & Jiajia Li, 2023. "Technological Revolution in the Field: Green Development of Chinese Agriculture Driven by Digital Information Technology (DIT)," Agriculture, MDPI, vol. 13(1), pages 1-18, January.
    2. Razzaq, Asif & Sharif, Arshian & Ozturk, Ilhan & Skare, Marinko, 2023. "Asymmetric influence of digital finance, and renewable energy technology innovation on green growth in China," Renewable Energy, Elsevier, vol. 202(C), pages 310-319.
    3. Moshirian, Fariborz, 2008. "Financial services in an increasingly integrated global financial market," Journal of Banking & Finance, Elsevier, vol. 32(11), pages 2288-2292, November.
    4. Pingping Wang & Chaozhu Li & Chenghao Huang, 2023. "The Impact of Digital Village Construction on County-Level Economic Growth and Its Driving Mechanisms: Evidence from China," Agriculture, MDPI, vol. 13(10), pages 1-14, September.
    5. Yáñez-Valdés, Claudia & Guerrero, Maribel, 2024. "Determinants and impacts of digital entrepreneurship: A pre- and post-COVID-19 perspective," Technovation, Elsevier, vol. 132(C).
    6. Qing, Jing & Chen, Juan, 2024. "Digital village construction and its mechanistic on farmer entrepreneurship," Finance Research Letters, Elsevier, vol. 70(C).
    7. Lihong Cao & Nengjie Pan & Yaoyi Lu & Wenjie Su, 2024. "RETRACTED ARTICLE: Digital Innovation and Urban Resilience: Lessons from the Yangtze River Delta Region," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(4), pages 19775-19794, December.
    8. Bai, Changyi & Guan, Wen & Wang, Dawei & Chen, Xiyi, 2024. "Digital village construction and the quality of life of rural residents," International Review of Economics & Finance, Elsevier, vol. 96(PC).
    9. Xiaowei Zhang & Xinjian Huang & Jiujun Li, 2023. "The Evolution of Green Development, Spatial Differentiation Pattern and Its Influencing Factors in Characteristic Chinese Towns," Sustainability, MDPI, vol. 15(6), pages 1-23, March.
    10. Oksana Buhaichuk & Vitalina Nikitenko & Valentyna Voronkova, 2023. "Formation Of A Digital Education Model In Terms Of The Digital Economy (Based On The Example Of Eu Countries)," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 9(1).
    11. Gao, Qiang & Sun, Mengyuan & Chen, Lu, 2024. "The impact of digital inclusive finance on agricultural economic resilience," Finance Research Letters, Elsevier, vol. 66(C).
    12. Decai Tang & Ziqian Zhao & Wenwen Shen & Jianqun Zhang & Yuehong Kong & Valentina Boamah, 2022. "Research on the Impact of Digital Finance on the Industrial Structure Upgrading of the Yangtze River Economic Belt from the Perspective of R&D Innovation," Sustainability, MDPI, vol. 15(1), pages 1-14, December.
    13. Jinqian Deng & Xiao Li & Na Zhang, 2024. "The Impact of Digital Rural Construction on Rural Revitalization-Empirical Evidence from Chinese County Panel Data," Agriculture, MDPI, vol. 14(11), pages 1-24, October.
    14. Muziyun Liu & Hui Liu, 2024. "The Influence and Mechanism of Digital Village Construction on the Urban–Rural Income Gap under the Goal of Common Prosperity," Agriculture, MDPI, vol. 14(5), pages 1-20, May.
    15. Junguo Hua & Jijie Yu & Yu Song & Qi Xue & Yujia Zhou, 2024. "The Enabling Effect of Digital Economy on High-Quality Agricultural Development-Evidence from China," Sustainability, MDPI, vol. 16(9), pages 1-18, May.
    16. Jiang, Yankun & Han, Guanghe & Yu, Dan, 2024. "Digital finance and agricultural green total factor productivity: the mediating role of digital village development," Finance Research Letters, Elsevier, vol. 67(PB).
    17. Lee, Chi-Chuan & Song, Hepeng & An, Jiafu, 2024. "The impact of green finance on energy transition: Does climate risk matter?," Energy Economics, Elsevier, vol. 129(C).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Wang, Bin & Wang, Wenqing, 2025. "Breaking barriers to rural entrepreneurship: How productive credit mitigates financial exclusion," Finance Research Letters, Elsevier, vol. 86(PE).
    2. Zhang, Yi & Wu, Rui & Zhou, Ping, 2025. "Ecological resilience, rural revitalization, and the green transformation of agricultural enterprises," Finance Research Letters, Elsevier, vol. 86(PE).
    3. Zhao, Ke & Zhang, Yaming & Hamadou, Koura Yaya, 2025. "Unveiling the pathways: How technological innovation shapes green economic efficiency," International Review of Economics & Finance, Elsevier, vol. 103(C).
    4. Yuan, Huiai & Zhao, Lihong, 2026. "Digital economy, financial development and regional economic resilience," International Review of Financial Analysis, Elsevier, vol. 109(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Che, Weina & Fu, Jingjie & Jiao, Xiaoyang, 2025. "Digital villages, green finance, and high-quality agricultural development," International Review of Economics & Finance, Elsevier, vol. 102(C).
    2. Hui Yang & Jingye Li & Stefan Sieber & Kaisheng Long, 2025. "Does Digital Village Construction Affect the Sustainable Intensification of Cultivated Land Use? Evidence from Rural China," Agriculture, MDPI, vol. 15(9), pages 1-24, April.
    3. Wu, Yaling & Wu, Bi & Liu, Xiaohong & Zhang, Shiwei, 2025. "Digital finance and agricultural total factor productivity–From the perspective of capital deepening and factor structure," Finance Research Letters, Elsevier, vol. 74(C).
    4. Jingyi Liang & Cuixia Qiao, 2025. "Digital Economy and High-Quality Agricultural Development: Mechanisms of Technological Innovation and Spatial Spillover Effects," Sustainability, MDPI, vol. 17(8), pages 1-28, April.
    5. Lin, Tao & Zhang, Ling & Li, Jianglong, 2024. "Coupling and coordinated development of green finance and renewable energy industry in China: Spatiotemporal differentiation and driving factors," Renewable Energy, Elsevier, vol. 235(C).
    6. Xinglong Yang & Yunuo Wang & Xing Jin, 2024. "An Exploration of the Relationship Between Digital Village Construction and Agroecological Efficiency in China," Sustainability, MDPI, vol. 16(22), pages 1-21, November.
    7. Hanyang Cao & Yu Zhang, 2025. "Let Farmers Speak for Themselves: A Configurational Study on Farmers’ Participation in Digital Village Construction," SAGE Open, , vol. 15(4), pages 21582440251, November.
    8. Soedarmono, Wahyoe & Machrouh, Fouad & Tarazi, Amine, 2013. "Bank competition, crisis and risk taking: Evidence from emerging markets in Asia," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 23(C), pages 196-221.
    9. Huang, Haiping & Huang, Baolian & Sun, Aijun, 2023. "How do mineral resources influence eco-sustainability in China? Dynamic role of renewable energy and green finance," Resources Policy, Elsevier, vol. 85(PA).
    10. Li, Wenjuan & Liu, Xinghua & Zhou, Lei, 2025. "The role of digital finance in enhancing export competitiveness: insights from China's listed companies," Finance Research Letters, Elsevier, vol. 71(C).
    11. Hou, Mengyang & Xie, Yalin & Lu, Weinan & Cui, Xuehua & Xi, Zenglei & Han, Yuxin, 2025. "Green finance drives the synergy of pollution control and carbon reduction in China: Dual perspective of effect and efficiency," Energy, Elsevier, vol. 330(C).
    12. Ran, Qiying & Yang, Xiaodong & Yan, Hongchuan & Xu, Yang & Cao, Jianhong, 2023. "Natural resource consumption and industrial green transformation: Does the digital economy matter?," Resources Policy, Elsevier, vol. 81(C).
    13. Mengkun Li & Chenzhuo Yang & Lu Zhang & Rui Fan, 2024. "Research on Sustainable Development Strategy of Energy Internet System in Xiongan New Area of China Based on PEST-SWOT-ANP Model," Sustainability, MDPI, vol. 16(15), pages 1-22, July.
    14. Yan, Haiming & Han, Di & Khursheed, Muhammad Aqib, 2025. "Does green finance improve energy security in Chinese Provinces? Evidence from machine learning approaches," Energy, Elsevier, vol. 335(C).
    15. Christos Karelakis & Zacharias Papanikolaou & Christina Keramopoulou & George Theodossiou, 2024. "Green Growth, Green Development and Climate Change Perceptions: Evidence from a Greek Region," Agriculture, MDPI, vol. 14(8), pages 1-17, July.
    16. Zhang, Jian & Yu, Chin-Hsien & Zhao, Jinsong & Lee, Chi-Chuan, 2025. "How does corporate digital transformation affect green innovation? Evidence from China's enterprise data," Energy Economics, Elsevier, vol. 142(C).
    17. Xiaodong Yang & Yang Xu & Asif Razzaq & Desheng Wu & Jianhong Cao & Qiying Ran, 2024. "Roadmap to achieving sustainable development: Does digital economy matter in industrial green transformation?," Sustainable Development, John Wiley & Sons, Ltd., vol. 32(3), pages 2583-2599, June.
    18. Huang, Zhehao & Dong, Hao & Liu, Zhaofei & Albitar, Khaldoon, 2025. "Unleashing the empowered effect of data resource on inclusive green growth: Based on double machine learning," Economic Analysis and Policy, Elsevier, vol. 85(C), pages 1270-1290.
    19. Huang, Shupei & Wang, Xinya & Ji, Qiang, 2025. "How unexpected geopolitical risk affect the nonlinear spillover among energy and metal markets?," Energy Economics, Elsevier, vol. 142(C).
    20. Zhang, Wan & Zhang, Yuyao & Mou, Suitao, 2025. "Green finance development on corporate sustainability: Evidence from china," Finance Research Letters, Elsevier, vol. 82(C).

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:reveco:v:101:y:2025:i:c:s1059056025003090. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/620165 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.